Tag "Corruption"
Can Uganda escape the natural resource curse?
Uganda is standing at a crossroads: exploration of its significant oil reserves is due to start in 2017 and is expected to generate huge revenues and foreign investments. Can Uganda
How should investors respond to China’s SOE reform?
Beijing’s recent reforms on State-Owned Enterprises (SOEs) are likely to alter these companies’ investment activities overseas. In the short run, current partners of Chinese SOEs should be cautious of their
Interview: Iran’s involvement in Latin America a potential thorn for business
With a growing commercial, cultural, and diplomatic presence in Latin America, Iran poses a great political risk to the business community in the region. Iran’s commercial activities in the region, mostly
Will the CICIG secure Guatemala’s future?
The UN-backed International Commission was created to investigate and prosecute criminal networks that operate in Guatamela. After three extensions, the main concern is how the CICIG’s achievements and objectives can
Will corruption undermine growth in Mexico?
The multi-billion dollar scandal in Brazil now sinking state-owned oil company Petrobras and tipping the economy into stagflation is a clear warning to Mexico, another Latin American emerging market plagued
China’s anti-corruption campaign means business
What should businesses expect as China’s anti-corruption campaign continues? Businesses with investments or trade interests in China are understandably alarmed by the scope of the expanding anti-corruption campaign. If they themselves have
Brazilian Petrobras’ new face is old politics
Following the resignation of Petrobras CEO Maria das Graças Foster, the Brazilian government appointed state banker Aldemir Bendine to lead the troubled oil company. Investors are worried that the new chief
Will Greek anti-austerity affect Spain’s many elections in 2015?
Spain faces a year fraught with political uncertainty and potential institutional upheaval. A spate of elections are scheduled to take place throughout the year and will test the country’s ability to maintain
Petrobras scandal threatens to derail pre-salts deposit development
Petrobras looked like a model for transparency in the energy sector and, with a recent discovery of large offshore deposits, was poised to make Brazil a regional energy superpower. However, a corruption scandal
Will Angola’s sovereign wealth fund allow it to adapt to falling oil prices?
Amidst declining global oil prices, Angola – Africa’s second largest oil producer – has announced plans to minimize its dependence on international commodity exports by dedicating part of its sovereign
